Oireachtas Joint and Select Committees
Thursday, 18 January 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Central Bank of Ireland
9:30 am
Professor Philip Lane:
We do not think there is going to be any major expansion, compared to where we are now. However, we think it is going to climb. We do not necessarily believe that all banks are perfectly accurate in counting who should be in. We believe we have the categories. All people in such a category should be receiving redress and compensation. We need to check if the banks have counted correctly. Have they forgotten a few files and so on? We have some inquiries outstanding where the bank has accepted the category but it is doing some extra work about how many people are included.
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